Economic Indicators

UK house prices rose by 2.2% in 12 months to May, ONS says

2024.07.17 05:03

© Reuters. FILE PHOTO: New apartment blocks are seen behind traditional housing in London, Britain, April 16 2023.  REUTERS/Peter Nicholls/File Photo

LONDON (Reuters) – British house prices rose for a third month in a row in May, increasing by an annual 2.2% after a 1.3% rise in April, the Office for National Statistics said on Wednesday.

The ONS’s gauge of private rents increased by 8.6% in the 12 months to June, slowing slightly from May’s 8.7% rise.



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